TRANSITION INTO SMALL FINANCE BANKS- A NEW GROWTH AVENUE FOR URBAN COOPERATIVE BANKS

Dr. Abhinav Dattatreya Jog; Ms. Avanti A. Jog

Volume : VII, Issue : XII, December - 2018

TRANSITION INTO SMALL FINANCE BANKS- A NEW GROWTH AVENUE FOR URBAN COOPERATIVE BANKS

Dr. Abhinav Dattatreya Jog, Ms. Avanti A. Jog

Abstract :

As part of its push for greater financial inclusion, the Reserve Bank of India had, in 2015, granted ten small bank licences. It has recently, decided to allow voluntary transition of UCBs meeting the prescribed criteria into SFBs. This research paper explores the pros and cons for UCBs to convert into SFBs and the possible candidates for conversion.